Africa is standing on the precipice of an economic boom. According to World Bank projections for global growth, out of the 20 fastest growing economies in the world right now, 11 are in our continent.
While the African growth story is far from homogeneous and some serious socio-political challenges need to be overcome before talk of economic success is possible, positive signs from the technology sector are giving hope.
The strength of the technology and startup sector across Africa is reflected in the startling fact senior executives are starting to leave secure positions in banking and telecoms in order to start their own businesses.
With the West facing continued economic uncertainty and stagnation, the next five years are set to be an instrumental period in the development of Africa’s economy.
Read more: The declining cost of high-speed internet across the continent is ensuring that more businesses and individuals than ever before are connected. Although infrastructure costs are yet to reach the competitive levels of the West